Radar > 225345

Banco Santander Brasil analyzing acquisition of HSBC Brasil

Banco Santander Brasil analiza compra de HSBC Brasil

Banco Santander Brasil analisa compra do HSBC Brasil

Intel ID : 225345
Synopsis

Banco Santander Brasil (BVMF:SANB11) is analyzing the purchase terms associated with the sale of HSBC (LSE:HSBA; NYSE:HSBC; HKEx:0005; EPA:HSB) assets in Brazil, reported Reuters Latin America on 19 May, 2015.

Santander Brazil’s CEO, Jesús Zabalza, explained that the bank is waiting for HSBC’s data room to open before deciding whether it will bid for HSBC Brasil.

According to the report, the sale is expected to close by August.

HSBC put its Brazilian assets on the block at the beginning of May, 2015 (see related Intel).
(content in spanish)

Banco Santander Brasil (BVMF:SANB11) está analizando las condiciones de compra de los activos de HSBC (LSE:HSBA; NYSE:HSBC; HKEx:0005; EPA:HSB) en Brasil, ha publicado Reuters América Latina el 19 de mayo de 2015.

El CEO de Santander Brasil, Jesús Zabalza, explicó que el banco está esperando la apertura del data room de HSBC antes de tomar una decisión sobre si pujará por HSBC Bank Brasil o no.

Según lo publicado, está previsto que la venta finalice en agosto.

HSBC puso sus activos brasileños a la venta a principios de mayo, 2015 (ver Intel relacionado).
(content in portuguese)

O Banco Santander Brasil (BVMF:SANB11) está analisando as condições da compra dos ativos do HSBC (LSE:HSBA; NYSE:HSBC; HKEx:0005; EPA:HSB) no Brasil, publicou a Reuters América Latina em 19 de maio de 2015.

O CEO do Santander Brasil, Jesús Zabalza, explicou que o banco está esperando a abertura do data room do HSBC antes de tomar uma decisão sobre se fará uma oferta ou não pelo banco HSBC Bank Brasil.

Segundo a notícia, está finalização da venda está prevista para agosto.

O HSBC colocou os ativos brasileiros a venda no início de maio de maio de 2015 (ver Intel relacionado).

Target

Seller

HSBC
United Kingdom

Advisors

retained

Intel ID 225345
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - HSBC Bank Brasil
(31 Dec 2024)
Revenue: EUR 33,71m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Financial Advisory

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.